Institutional investors were already turning sour on cryptocurrencies earlier this week. The sudden collapse of Sam…
Tag: TeraUSD
How the TeraUSD Crash Moved This Crypto Exchange to Lay Employees by 80%
free fall in TeraUSD And in May sister token Luna reportedly caused a market crash of…
International finance body plans to set rules for stablecoins
International finance body plans to set rules for stable coins Photo Credit: Reuters In light of…
Crypto’s Domino Effect Is Growing, Threatening More Pain
The losses are piercing the balance sheet and pushing firms in the industry closer to bankruptcy
More Hedge Funds Are Betting Against Tether as Crypto Melts Down
Short sellers are increasing their bets against Tether, the world’s largest stablecoin, amid a wide sell-off…
South Korea puts employees of crypto company TerraForm Labs on no-fly list
TerraForm Labs has come under legal scrutiny since the collapse of its LUNA cryptocurrency and the…
Crypto investors’ hot streak ends as harsh ‘winter’ descends
The wealth-generating hot streak for bitcoin and other cryptocurrencies has ruthlessly cooled The wealth-generating hot streak…
Crypto Companies Withdraw From Marketing After Their Super Bowl Blitz
Months after top cryptocurrency brands spent hundreds of millions of dollars on advertising campaigns, sponsorship deals…
Why is Jump Crypto’s Kanav Kariya excited despite the terra fiasco?
“For us, it’s just thinking about the right opportunities as the market turns,” Kanav Kariya said.…
Cryptocurrency investors in India face tax pressure for TeraUSD
Effective April 1, all income from cryptocurrency “transfers” will be taxed at a fixed rate of…